Nio, the China-based smart electric car maker, has started selling its ES8 SUV in Norway and is gearing up to launch another model in Germany. The Chinese company has confirmed that its new ET7 will be available in the German market in late 2022.
The Nio ET7 car has entered trial production at the company’s Hefei plant as the firm is set to start deliveries in China in early 2022. William Li, Chairman of Nio, said that the “very high” interest from German customers prompted the firm to commit to a European roll-out.
Along with announcing the launch of ET7 in Europe, Nio is also considering building its electric vehicles in Europe. Li said, “I believe if we have a lot of sales in the European market, we can also explore the other possibilities to work with other supply chain partners. I understand that in Europe, there is manufacturing capacity. We can also explore the possibility to work together with other OEMs and discuss joint manufacturing.”
While the company has not yet revealed any potential production partners but Lotus Technology could be on the list. After investment from Nio, Lotus Technology said that the partnership could pave the way for both companies to “explore opportunities for mutually beneficial industrial co-operation”.
The Nio ET7, unveiled in January this year, is claimed to offer a maximum range of 620 miles (on the Chinese NEDC cycle) from its largest, 150kWh battery and a twin-motor powertrain pumping out 644bhp and 627lb-ft for a 0-62mph time of 3.9sec.
It also features a raft of advanced driver assistance features that, the company says, enables autonomous driving. ET7 is available for pre-order in China and will be arriving in the German market in the last quarter of 2022. The 70 kWh version of ET7 is expected to have a price tag between €59,000-69,000.
The company had previously suggested that it could soon launch its cars in the United Kingdom but there’s no timeline for it yet.
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